featured | Finance | Politics

A “Digital Iron Curtain” Could Lead to “Real War” Between China and the U.S.

Huawei, the Chinese telecommunications giant the U.S. government fears could be used by the Chinese government to spy and sabotage infrastructure, is a crucial contributor to the development of fifth-generation (5G) mobile networks worldwide. Yet, Washington’s fear led the Commerce Department to add Huawei to its “entity list” in May 2019, forbidding Huawei to buy […]

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Bitcoin | featured

Protests in Hong Kong, Uncertainty in Asia’s Markets

Tens of thousands of young people – for the most part –  descended upon Hong Kong’s government headquarters on Wednesday, and police fired tear gas and rubber bullets back. The debate was over a controversial bill, allowing fugitives to be extradited to China and other jurisdictions with which Hong Kong has no rendition agreement. “The […]

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Economy | Politics

Another Cold War Is Inevitable, This Time With China

A cold war in the 21st-century seemed unlikely… until now. Tariffs by the United States on $200 billion worth of Chinese products and retaliatory tariffs by China on $60 billion worth of American goods went into effect on Monday. While the United States and China are competing for global supremacy, they maintain mutual agreements to […]

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Banks | Finance | Gold | News

China & Russia are Stockpiling Gold

Gold refineries in Switzerland sent a record amount of gold to Shanghai last December, and Russia is buying gold in droves as well, as the United States experiences a time of tumultuous politics and the european banking system is reported to be on the verge of collapse. Figures released at the end of January by […]

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Gold

French Billionaire Returns Looted Gold Antiquities

Gold antiquities looted from China were returned by a French billionaire after a long effort by Beijing to recoup pillaged art. The antiquities were purchased by billionaire luxury tycoon François Pinault. The four gold heads of prey birds are worth €1 million (£710,000). Mr Pinault, owner of brands from Gucci to Saint Laurent, donated the 7th century BC solid […]

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GSB daily blog

The 21st Century Digital Currency Arm’s Race: America’s Only Hope?

The 21st Century Digital Currency Arm’s Race: America’s Only Hope? So, let’s be clear: 56.7577° N, 86.4196° W and 40.4230° N, 98.7372° W. In the former geographical coordinates, Bitcoin is free of banking regulation. However, in the latter, Bitcoin is not free from banking regulation. The case grows increasingly murky in 32.9043° N, 110.4677° E, otherwise known as China. […]

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